Talon Private Wealth LLC Makes New $7.02 Million Investment in Vanguard Growth ETF $VUG

Talon Private Wealth LLC acquired a new position in shares of Vanguard Growth ETF (NYSEARCA:VUG) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 16,069 shares of the company’s stock, valued at approximately $7,019,000. Vanguard Growth ETF accounts for approximately 0.9% of Talon Private Wealth LLC’s investment portfolio, making the stock its 20th biggest position.

Other institutional investors have also recently made changes to their positions in the company. DecisionPoint Financial LLC boosted its holdings in Vanguard Growth ETF by 116.0% during the fourth quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock worth $26,000 after buying an additional 29 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in Vanguard Growth ETF in the third quarter valued at $26,000. Strategic Wealth Advisors LLC acquired a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $35,000. Nova Wealth Management Inc. raised its position in shares of Vanguard Growth ETF by 153.1% in the fourth quarter. Nova Wealth Management Inc. now owns 81 shares of the company’s stock worth $40,000 after acquiring an additional 49 shares during the period. Finally, Garner Asset Management Corp acquired a new position in shares of Vanguard Growth ETF in the fourth quarter worth about $41,000.

Vanguard Growth ETF Stock Down 0.1%

VUG stock opened at $83.33 on Wednesday. Vanguard Growth ETF has a 52-week low of $69.63 and a 52-week high of $90.60. The firm has a market cap of $215.56 billion, a P/E ratio of 36.22 and a beta of 1.22. The company’s 50-day simple moving average is $86.27 and its 200-day simple moving average is $81.60.

Vanguard Growth ETF Profile

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.